Ontario Mortgage Rates

Click Here to read the Bank of Canada Announcement July 15,2008

Great Rates Update

In this issue

Current Rates

Featured Product 100% Advance Mtg.

How do you get the best rate?

We specialize in making it easier to get a better mortgage

In addition to the lowest Ontario Mortgage Rates, we offer a level of specialized knowledge and service that far surpasses what you've come to expect from your own bank. We will recomment mortgages from a variety of different sources. We shop every available lender to make sure you get the most attractive rate and features. And best of all, our professional advise and assistance is free⁽²⁾

Current Rates

5-year vs. Bank Prime comparison chart

Taking the guesswork out of adjustable rate_mortgages

Mortgage Calculators

Effective August 27, 2008

Term	Don't Pay Bank Posted Rate⁽¹⁾	Mortgage Intelligence's Great Rates⁽²⁾	PaymentFactor⁽³⁾
ARM Standard Discounted Rate	prime of 4.75%	- 60% below or 4.15%	$5.34
ARM Teaser Rate	Initial three month rate	2.24%	$4.35
ARMTeaser Rate	Initial sixmonth rate	3.00%	$4.73
6 month	6.35%	6.20%	$6.52
1 year	6.35%	5.10%	$5.74
2 year	6.55%	5.50%	$6.10
3 year	6.70%	5.50%	$6.10
4 year	6.69%	5.55%	$6.13
5 year	6.85%	5.14%⁽⁴⁾	$5.89
5 year	6.85%	5.25%⁽⁵⁾	$5.96
5 year	6.85%	5.30%⁽⁶⁾	$5.99
7 year	7.30%	5.80%	$6.28
10 year	7.65%	5.90%	$6.34
100% Financing	No Down Payment	5 yrs - 5.55%	$6.13

⁽¹⁾ Market rate is the posted rate offered by the majority of Canadian financial institutions ⁽²⁾ O.A.C. - On Approved Credit. Certain conditions may apply. Rates subject to borrower, property qualification & change without notice. E&OE.
⁽³⁾ Payment factor per $1,000

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⁽⁶⁾ High Ratio Mortgages closing on or before November 30, 2008

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